3975 Flat Shoals Pkwy Decatur, GA 30034
This exceptional investment opportunity presents a fee-simple interest in a single-tenant QuikTrip convenience store and gas station located at 3975 Flat Shoals Parkway, Decatur, Georgia, within the Atlanta MSA. The property boasts a 5,858 square foot building on a 2.26-acre lot, constructed in 2016. Currently operating under a Net Lease (Absolute NNN) agreement with a corporate guarantee from QuikTrip, the lease commenced February 1, 2017, and has a remaining term of 9.4 years, expiring June 30, 2034. Seven five-year renewal options are included. The property features 28 gas pumps and benefits from a prime location with high visibility, situated on a hard corner with over 42,200 vehicles passing daily. The asking price is $8,410,000, representing a price per square foot of $1,435.64 and a 5.65% cap rate based on a current Net Operating Income (NOI) of $475,320. Rent increases are built into the lease, with a $2.54 per square foot increase scheduled for February 2032 and every five years thereafter. This investment offers a secure, long-term, passive income stream backed by a financially strong, national brand tenant. The property's strategic location near major expressways (Hwy-155, I-285, and I-20) further enhances its value and potential for future growth. The property is 100% occupied since its opening in February 2017.
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Western Union Bank Credit Union
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Amazon Locker - Cloth Courier Service Postal Service
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QuikTrip Gas Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.